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Law Firms

Law firms, regardless of their size and areas of specialization, often face complex issues that demand technical knowledge, expert advice, experience and insight. Armanino is uniquely positioned to satisfy those needs and deliver results-oriented solutions to help your firm.

Consulting

For over 25 years, hundreds of law firms have turned to Armanino to guide them through the complex issues facing this mature industry. Now more than ever before, in this time of disruptive transformation, law firms need guidance from experts who understand their unique needs.

Armanino is the only firm in the Western U.S. with a combined consulting and accounting practice that is exclusively dedicated to serving the business needs of law firms. From “bet the firm” strategic guidance, to tax compliance services that understand the specialized tax rules that apply only to law firms, Armanino’s Law Firm Services team provides best in class service from the boardroom to the back office. Our approach is customized for each client; nothing is off the shelf. Whether your firm is transitioning from one generation to the next, or evaluating a software platform, Armanino has the team, the experience, and the solutions to help.

Our exposure to firms of all sizes and specialties enables us to quickly recognize issues that may impact your firm, develop effective solutions, and ensure these solutions are properly and effectively implemented.

Armanino’s experienced team provides a full spectrum of advisory services including:

Performance and Operations
  • Profitability Analysis & Benchmarking
  • Operating Process Improvement
  • Temporary CFO/Controllership
  • Cybersecurity
  • Law Firm Performance Management with Adaptive Insights
Mergers and Acquisitions
  • Due Diligence Analysis
  • Post-Merger Integration Support

Tax & Assurance

Law Firm Tax & Assurance Services
As the largest California-based accounting firm, we also provide world-class corporate, partnership and individual tax accounting services and assurance services tailored to your needs. We understand that law firms are different from most businesses, from the proper treatment of client advances to the specialized rules of trust accounting.  We can handle any tax or accounting issue you or your firm faces.

Assurance Services
  • Financial Statement Reviews & Compilations
  • Internal Control / Operations Reviews
  • Back Office Assistance
  • Temporary CFO

Law Firm Survey

Download The Law Firm Survey Infographic

View a sample of our Armanino Law firm Survey.
     

The Armanino Law Firm Services Team produces "The Armanino Law Firm Survey," an annual comprehensive survey of law firms in major metropolitan regions across the Western United States. The survey includes detailed compensation and operational benchmark data by size of firm, location and practice area on over 50 different positions within law firms. The survey also includes data on billing rates, billable hours, employee benefits, leverage, costs per lawyer, net income per partner and more.

This report is the preeminent resource for benchmarking information for Western U.S. law firms.

For more information about participating in the survey process or purchasing a copy of the Armanino Law Firm Report, contact: LawFirmCompSurvey@armaninollp.com

Our Team

Practice Leaders


Related Experts

Resources

Analyzing the Impact of Tax Reform on Your Law Firm

Many law firms are starting 2018 with uncertainty about the impact of the new Tax Cuts and Jobs Act on their business. Here are the top things to keep in mind.

Armanino's Guide to Tax Reform for Law Firms

The new Tax Cut & Jobs ACT (TCJA) provisions include significant changes for law firms and law firm partners. Here are some of the most notable changes.

Congress Passes Biggest Tax Bill Since 1986

On December 20, the House passed the reconciled tax reform bill, which the Senate had passed the previous day. It’s the most sweeping ...

Signs of Optimism: Highlights of the 2017 Law Firm Compensation Survey for Los Angele ...

Our Law Firm Compensation, Billing Rates, and Benefits Survey provides unique insights into how firms are managing compensation, billing rates, staffing and more.

Survey Shows Rising Compensation for Los Angeles/Orange County Law Firms

In a fiercely competitive market for talent, it’s critical for law firms to compare their compensation plans with those of their peers.

Trust Account Violations: How Simple Mistakes Can Put Your Firm at Risk

Trust account violations. Think it can’t happen to your law firm? Here are some reasons to think again.

The Doctor Will See You Now: Has Your Firm Had Its Annual Checkup?

Is your law firm overdue for a business checkup? Here’s how to uncover small problems before they become big ones.

Why Law Firms Need to Rethink the Budget Process

Ask yourself this: How much of this year’s revenue can you expect next year? If your law firm is relying on gut feelings or guessing, it’s time to rethink your budget process. Find out why.

LEARN MORE » 

How to Avoid Post-Merger Stumbles

Consolidation is one of the hottest trends in the legal industry, but post-merger integration can be a minefield of culture issues. Find out why you need a chief integration officer.

Cybersecurity Assessment for Law Firms

Armanino's Cybersecurity Assessment Services for Law Firms help you combat the growing threat of cyberattack and safeguard your reputation, digital assets and customer data.

Costly Surprises: Hidden Tax Liabilities for Law Firms

Imagine this scenario: You’re one of four partners in your 25-lawyer firm. One partner decides to retire.

Making the Case for Performance Analytics for Law Firms

Today’s small and midsize law firms have plenty of operational data, but they often don’t have a way to extract the information needed and analyze it.

Fiscal Pressures on Law Firms Curb Compensation and Hiring

Fiscal pressures on traditional law firms show no sign of easing, as demand for legal services continues to fall and firms’ expenses rise. Read Armanino’s 2016 Southern California Law Firm Compensation, Bi ...

Kid Dressed As Pilot Against Bar Chart Feature

Your guide to avoiding risk and simplifying the CRM evaluation and implementation process.

Download » download 

Business Consulting Partner Compensation

As they grow and evolve, most law firms eventually reach a point where partners and associates no longer think their compensation is fair.

Healthcheck Assessment for Law Firms

Armanino’s Health Check Assessment Services address all aspects of your law firm, including people, process, and technology.

Tax and Accounting for Law Firms

Tax and accounting issues can be ticking time bombs for law firms.

Business Consulting for Law Firms

There was a time when demand for legal services was so robust that a common business strategy was simply "do good work."

Managing Client Trust Accounts

Several members of the State Bar’s Board of Trustees endorsed the idea to “Begin to Audit Lawyers’ Client Trust Accounts.” Here is what people think about the concept.

Has the Time Come to Hire a CEO?

Most law firms have really smart lawyers doing really good legal work but, with all the challenges, external pressures, need for change and innovation isn’t it time to consider hiring a CEO?

Strategic Budgeting for Law Firms

A Strategic Budget ties the financial goals of a law firm to its strategy. It consists of three main components: projected revenue, projected expenses and projected profit and cash flow.

Leadership vs. Management

Your law firm likely has many managers, but is there a true leader? Simply ensuring high levels of technical competence and client service is no longer sufficient. Law firms need leadership.